FRANKFURT (dpa-AFX) - After two weaker days, the Dax found its way back up on Thursday. In the first few minutes of trading, the leading German index rose by 0.59 percent to 19,376.13 points. Its search for direction thus continues for the time being. The MDax of mid-caps gained 0.34 percent to 26,275.05 points. The EuroStoxx 50, the leading eurozone index, rose by just under 0.8 percent.
"Due to the US holiday, Borsen sales will also remain below average in Germany and the eurozone as a whole," expects market observer Thomas Altmann from QC Partners. Due to Thanksgiving, there will be no trading at all in New York on Thursday and not as long as usual on the bargain day Black Friday. There is a risk of fluctuations for the DAX on such days. If there is a lack of impetus from New York during the course of the day, this could come from consumer prices in Germany in the afternoon, which are important for the European Central Bank's exchange rate.
The mixed Asian stock markets did not give the Dax any direction either. In Hong Kong in particular, reports that the USA, still under the leadership of outgoing President Joe Biden, is considering new sanctions to restrict Beijing's access to important semiconductors weighed on the index. Japanese shares, on the other hand, rose due to the weakness of the yen./gl/jha/